Ratification of Security Documents. The Company, Agent and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations arising under or in connection with the Notes are Obligations and is secured indebtedness under, and is secured by, each and every Security Document to which the Company is a party. The Company hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the Company described as collateral in any Security Document.
Ratification of Security Documents. Restricted Persons, Administrative Agent and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations arising under or in connection with the Notes are Obligations and is secured indebtedness under, and is secured by, each and every Security Document to which any Restricted Person is a party. Each Restricted Person hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of the such Restricted Person described as Collateral in any Security Document.
Ratification of Security Documents. Borrower and each Guarantor agree that those certain security documents (as heretofore amended, the "Security Documents"), which are more fully described in Exhibit A attached to that certain Master Amendment to Security Documents, dated May 16, 1995, executed by Guarantors and Borrower in favor of the Bank, are in full force and effect as of the date hereof. Borrower and each Guarantor hereby ratify the rights, titles, liens and security interests under the Security Documents in favor of Bank.
Ratification of Security Documents. Each Loan Party, Administrative Agent, and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations, arising under or in connection with the Loans, Letters of Credit or the Notes, are Obligations and are secured indebtedness under, are guarantied by, and are secured by, each and every Security Document. Each Loan Party hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of such Loan Party described as Collateral in any Security Document.
Ratification of Security Documents. Each of the Obligors hereby ---------------------------------- consents to the provisions of this Amendment and the transactions contemplated herein, and hereby ratifies and confirms each Loan Document executed and delivered by it to and for the benefit of Lender, and each hereby agrees that its respective obligations and covenants thereunder are unimpaired hereby and shall remain in full force and effect.
Ratification of Security Documents. Borrower and Lender further agree that the liens, assignments and security interests created by the Security Documents shall continue and carry forward until the Note and all indebtedness evidenced thereby is paid in full. Borrower further agrees that Lender is the holder of the Note and the Security Documents and that such liens, assignments and security interests are hereby ratified and affirmed as valid and subsisting against the Property, and that this Agreement shall in no manner vitiate, affect or impair the Note or the Security Documents (except as expressly modified in this Agreement), and that such liens, assignments, and security interests shall not in any manner be waived, released, altered or modified until the Note and all other obligations secured by the Security Documents (including any and all subsequent renewals and extensions) have been paid in full.
Ratification of Security Documents. Borrower, Operating, Administrative Agent, L/C Issuer and Lenders each acknowledge and agree that any and all indebtedness, liabilities or obligations, arising under or in connection with the L/C Obligations or the Notes, are Obligations and are secured indebtedness under, and are secured by, the Pledge Agreement and the Mortgages. Borrower and Operating hereby re-pledges, re-grants and re-assigns a security interest in and lien on every asset of Borrower and Operating described as Collateral in the Pledge Agreement and as Mortgaged Property or in Section 2.2 of the Mortgages.
Ratification of Security Documents. Borrower and each Subsidiary (other than Natural Gas Acquisition Corporation and Hy-Bon Rotary Compression, LLC) hereby (a) ratify and confirm in all respects (i) the First Amended and Restated Stock Pledge Agreement, dated as of March 9, 2001, (ii) each First Amended and Restated Security Agreemexx, xxxxx xx xx Xxxch 9, 2001, and (iii) each Guaranty Agreement, dated as of March 9, 2001 (as any of the same have been amended or restated), to which it is a party, and (b) acknowledge, understand and agree that (i) all such pledge agreements, security agreements and guarantees are and shall continue to remain in full force and effect in accordance with the terms thereof as if reexecuted as of the date of this Amendment, and that (ii) payment of the Consolidated Term Promissory Note, the Multiple Advance Term Promissory Note and the Revolving Note is secured by all such agreements. The amendments contemplated hereby shall not limit or impair any Bank Liens securing the Obligations, each of which are hereby ratified, affirmed and extended to secure the Obligations as renewed and consolidated and increased pursuant hereto.
Ratification of Security Documents. Borrowers, Administrative Agent, Canadian Administrative Agent and Lenders each acknowledges and agrees that any and all Obligations, including all Swing Line Loans, are guarantied by the respective Guarantors.
Ratification of Security Documents. Borrowers, Administrative Agent, Canadian Administrative Agent and Lenders each acknowledges and agrees that any and all Obligations, including Canadian Loans to PMCULC Amalco, whether consisting of outstanding Canadian Loans to PMCULC or PMCLP assumed hereby or Canadian Loans hereafter made to PMCULC Amalco, are guarantied by the respective Guarantors.
